SHA:688011 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	119.96	425.93	318.66	353.44
Trading Asset Securities	-	564.32	262.53	384.55	394.3
Cash & Short-Term Investments	619.04	684.28	688.47	703.21	747.74
Cash Growth	-9.53%	-0.61%	-2.10%	-5.96%	-10.38%
Accounts Receivable	-	175.97	182.22	210.16	209.14
Other Receivables	-	4.89	2.9	3.4	2.38
Receivables	-	180.87	185.11	213.56	211.53
Inventory	-	82.04	118.58	123.95	128.58
Prepaid Expenses	-	-	0.01	0.03	0.02
Other Current Assets	-	35.79	22.27	26.98	49.08
Total Current Assets	-	982.98	1,014	1,068	1,137
Property, Plant & Equipment	-	217.32	220.83	213.12	173.7
Long-Term Investments	-	21.24	-	-	-
Other Intangible Assets	-	26.82	24.28	22.04	23.23
Long-Term Deferred Tax Assets	-	8.99	22.99	16.84	9.59
Long-Term Deferred Charges	-	0.2	0.5	0.98	1.96
Other Long-Term Assets	-	11.93	23.98	36.17	30.79
Total Assets	-	1,269	1,307	1,357	1,376
Accounts Payable	-	56.63	40.74	49.24	37.18
Accrued Expenses	-	16.2	9.63	15.24	13.04
Current Portion of Leases	-	1.28	1.75	0.48	1.3
Current Income Taxes Payable	-	-	-	-	0.29
Current Unearned Revenue	-	61.17	62.36	50.06	47.55
Other Current Liabilities	-	8.45	8.54	6.82	4.07
Total Current Liabilities	-	143.73	123.01	121.84	103.41
Long-Term Leases	-	-	1.06	0.5	0.55
Long-Term Unearned Revenue	-	33.38	37.41	38.49	35.52
Long-Term Deferred Tax Liabilities	-	0.36	1.47	0.08	0.09
Other Long-Term Liabilities	-	0.43	-	-	-
Total Liabilities	-	177.91	162.95	160.91	139.56
Common Stock	-	100	100	100	100
Additional Paid-In Capital	-	1,041	1,023	1,029	1,030
Retained Earnings	-	-31.45	36.51	75.68	100.35
Treasury Stock	-	-20.24	-20.24	-13.6	-
Comprehensive Income & Other	-	3.06	1.77	0.24	-
Total Common Equity	1,070	1,092	1,141	1,192	1,231
Minority Interest	-	-0.59	2.57	4.38	5.92
Shareholders' Equity	1,069	1,092	1,144	1,196	1,237
Total Liabilities & Equity	-	1,269	1,307	1,357	1,376
Total Debt	0.89	1.28	2.81	0.98	1.84
Net Cash (Debt)	618.14	683	685.65	702.23	745.9
Net Cash Growth	-9.50%	-0.39%	-2.36%	-5.85%	-7.84%
Net Cash Per Share	6.19	6.83	6.86	7.03	7.35
Filing Date Shares Outstanding	99.64	99.16	99.16	100	100
Total Common Shares Outstanding	99.16	99.16	99.16	100	100
Working Capital	-	839.24	891.42	945.88	1,034
Book Value Per Share	10.79	11.01	11.51	11.92	12.31
Tangible Book Value	1,044	1,065	1,117	1,170	1,207
Tangible Book Value Per Share	10.53	10.74	11.27	11.70	12.07
Buildings	-	206.48	187.56	77.97	82.54
Machinery	-	101.87	92.95	77.69	60.93
Construction In Progress	-	4.42	7.24	112.02	79.26

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.